CK Hutchison first-half underlying profit up 6.7%

FILE PHOTO: The company logo of CK Hutchison Holdings is displayed at a news conference in Hong Kong, China March 17, 2016. REUTERS/Bobby Yip/File Photo

13 Aug 2026 05:07PM

(Updated: 13 Aug 2026 05:21PM)

HONG KONG, Aug 13 : Hong Kong ports-to-telecoms group CK Hutchison posted a 6.7 per cent rise in underlying profit in the first six months of 2026 on Thursday, thanks to solid performance in its ports and retail businesses.CK reported underlying profit of HK$12.6 billion ($1.61 billion) on a post-IFRS 16 basis, compared with HK$11.8 billion a year earlier.Including one-time items such as gains on the disposal of UK Rails and UK Power Networks totalling HK$17.8 billion as well as a write-off of HK$2.2 billion, net profit jumped 30 times from a year earlier to HK$26.8 billion.($1 = 7.8459 Hong Kong dollars)

Source: Reuters